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    Principles of Microeconomics Study Set 8
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    Exam 4: Demand: the Benefit Side of the Market
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    If,as Price Falls from $10 to $9,quantity Demanded Rises from 7
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If,as Price Falls from $10 to $9,quantity Demanded Rises from 7

Question 79

Question 79

Multiple Choice

If,as price falls from $10 to $9,quantity demanded rises from 7 to 12 units,demand is


A) perfectly elastic.
B) elastic.
C) inelastic.
D) perfectly inelastic.
E) unit-elastic.

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